The stockforstock transactions are valued at about $400 million and will be accounted for as pooling of interests, according to AOL.AOLs moves are designed See related story: World is waking up to Net radio to give it a leg up in the online music space, which has seen tremendous activity of late. The acquisitions will make nextgeneration music features available to consumers of all its brands, providing a wide range of new audio and other applications and functionality to its partners, and [will help] to develop key music capabilities for AOL Anywhere devices and broadband initiatives in the future, AOL said in a statement.In addition, AOL said it is planning to build custom branded music features for its proprietary service as well as for AOL, CompuServe, Netcenter, and ICQ. It also will add live events, Net radio, and music downloading to its services, the company said.Both [companies] are solid acquisitions, said Mark Mooradian, analyst with Jupiter Communications. If you look at AOLs acquisitions, first and foremost they look at them as a customer acquisition play. In the big picture, AOL is acquiring Internet radio and online audio listeners.

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